3 Things Islamic Banking in Canada Can’t Help You Find in a New Home

When you’ve decided to use Islamic banking in Canada to finance a home purchase, you’ll soon realize it’s only the first step on a long journey. There are lots of factors we can help you with and others that you will need to decide for yourself.

With that said, we’ve put together three things that a sharia compliant mortgage won’t help you decide about where to find your new house.

The Location

Of course, getting the right kind of a ijara mortgage can help you stay clear of riba, but even our professionals can’t help you decide on a location in the end. However, that doesn’t mean we can’t make a few friendly suggestions.

Looking for an established neighborhood means you’re more than likely to have tree-lined streets and more of an atmosphere. A newer subdivision has advantages too as these usually have all the amenities like transportation and schools.

A Nice Kitchen

We can help you make sure that your Islamic financing products have been vetted by the proper authorities, but you’ll need to decide on the kind of kitchen you want with your family. The kitchen needs to match your family specific lifestyle. Keep in mind it’s one of the rooms that dictates resell value too.

Our Islamic banking in Canada experts can help you with your credit score, but you’ll need to decide on the appliances in your kitchen without us!

Lots of Storage

Many Muslim families are moving from apartments into their first home. They might not be thinking about the kind of storage they’ll need as their numbers grow.

Buying a home is one of the biggest purchases you’ll ever make. It requires careful thought and the kind of expert financial help you can get with our Islamic banking in Canada guidance. Call our toll-free number at 1-87-786-IJARA.